Renaissance Crest

Key facts from Renaissance Crest's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Renaissance Crest Homeowner's Association

Management

Northwest Community Management Company, LLC

Governing law

Oregon Planned Community Act, ORS 94.550 to 94.783 (Recital B)

Assessments & dues

Board prepares annual operating budget; apportioned equally among all Lots (except unoccupied Declarant Lots exempt until occupancy certificate) (Sections 9.3, 9.4)

Special assessments

Allowed; if aggregate in fiscal year exceeds 15% of budgeted gross expenses, requires majority vote and Class B consent (prior to turnover); after turnover, majority vote (Section 9.5)

Collections & liens

Assessments constitute a continuing lien on the Lot; may be enforced by suspending voting rights, accelerating installments, filing lien under ORS 94.709, money judgment, foreclosure (Sections 9.11, 10.2)

Reserves & fees

Required for items with useful life between 3 and 30 years and exterior painting; funded by assessments; annual reserve study required; Fund may be used for maintenance, repair, replacement; after turnover, Board may borrow from Reserve Fun (Section 9.10)

Pets

Yes, reasonable number of household pets not for commercial purposes (Section 5.4)

Leasing & rentals

Yes (Section 5.23 – 'Other than the foregoing)

Architectural approval

Yes, for any Improvement (construction, alteration, placement) on any Lot (Section 6.1)

Home business

Allowed only with Board consent; limited to professional library, records, calls, conferences by appointment; no observable outside activity (Section 5.2)

Signs & flags

One 'For Sale' or 'For Rent' sign not exceeding 24" x 36" permitted; two during initial construction. Political signs allowed subject to reasonable ARC regulations. (Section 5.9)

Use restrictions

Yes, Lots shall only be used for residential purposes; exceptions for certain home businesses by appointment, Declarant construction/sales, and professional activities (Section 5.2)

Voting & meetings

Class A: one vote per Lot per Owner; Class B: Declarant gets three votes per Lot owned until all Lots sold or Declarant elects to terminate (Section 7.3)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.